Savvy business owners always consider carefully when and how to make major purchases to best take advantage of tax incentives.  It is obviously best to make major tax deductible purchases in years when your profit is high and cash is available. Tax planning will help you evaluate what kind of year you have had to help you decide if now might be the most tax effective time to buy or if it would be best postponing purchases until the next financial year.  Given the government's current incentives for small businesses, you may want to make purchases before 30 June, 2017 for the purchase to have any impact for this financial year.